Brian 27 Feb 2009 LIVERPOOL are officially the top ranked club in Europe. Wednesday night's famous victory in the Bernabeu has sent the Reds to the top of UEFA's ranking system for the first time since 1985. Based on performances in European competition over the past five years, the complicated system awards points for matches won and quality of opposition. The victory in the Bernabeu has seen the Reds overtake Chelsea at the top of the table, with Barcelona third and AC Milan fourth. Liverpool's five year record under Rafa Benitez - who arrived at the club in the summer of 2004 - has been phenomenal. In his five years the Spanish coach has won the Champions League, taken his team to another final, reached last season's semi-final and got to the last 16 in 2006. It's a record of unparalleled consistency in recent times. Even when the Reds won the Champions League in 2005, their ranking for the season put them second behind AC Milan, while their five year record left them in fifth behind Barcelona, AC Milan, Valencia and Real Madrid. This is the first time the Reds have topped the co-efficient rankings since 1985 when the European ban was imposed, effectively asking them to start their ranking points tally from scratch. Liverpool also have the highest ranking for this present season with (18.1775 points) closely followed by Bayern Munich, who handed out a 5-0 demolition at Sporting Lisbon on Wednesday night. l UEFA's latest rankings: 1 Liverpool FC (114.077), 2 Chelsea FC (110.077), 3 Barcelona (109.403), 4 AC Milan (109.306), 5 Arsenal (101.077), 6 Sevilla (100.403), 7 Man Utd (99.077), 8 Bayern Munich (93.664), 9 Lyon (90.576), 10 Inter Milan (87.306).